India ranks 36th out of 170 nations in the ‘Readiness for Frontier Technologies’ index, improving its ranking from last year.
Key Highlights
- The 2025 Technology and Innovation Report, issued by UN Trade and Development (UNCTAD), stated that India ranked 36th in 2024 on the ‘Readiness for Frontier Technologies’ index, improving its position from 48th in 2022.
- The index combines indicators for ICT deployment, skills, research and development (R&D) activity, industrial capacity, and access to finance.
- India ranks 99th for ICT, 113th for skills, 3rd for R&D, 10th for industrial capacity, and 70th for finance.
- Brazil, China, India, and the Philippines are developing countries outperforming in technology readiness.
- The United States leads the world in terms of private investment in AI, at USD 67 billion in 2023, or 70 per cent of global AI private investment.
- The only developing countries with significant investments were China in second position, with USD 7.8 billion, and India in tenth position, with USD 1.4 billion.
(Source: IE)
